The US dollar, which had previously experienced some weakening, recovered losses against its counterparts after the FOMC announcement. The decision to hold rates steady signaled confidence in the US economy's resilience amid global uncertainties....
USD Index Shows Strong Momentum, Approaching Critical Resistance: Last week ended positively for the USD Index, which closed higher at 104.93, marking a bullish trend from its starting point at 104.81. Currently, it is testing the significant 105.18...
The US dollar is on a roll against the Japanese yen, nearing the level that triggered intervention by Japanese authorities just a couple months ago. This climb comes despite weak US housing data, as a preliminary economic indicator pointed to...
EUR/JPY/H1 The recent price action on the EUR/JPY pair indicates a strong bearish trend. It is likely that the price will decline by another 140 points, reaching the support level on the daily H1 timeframe chart at 168.720. Once this level is hit,...
Hello all traders, there is no specific news concerning the EUR. However, US news events will have a significant impact later. Understanding this optimistic backdrop requires acknowledging the cyclical nature of market dynamics. While buyers...